62 Balsam St Unit B102 Waterloo

 

 

FOR SALE $649,800 or FOR LEASE $3,750 / Month

Newer commercial condo unit on the main floor of an apartment condo located across from the back of Wilfred Laurier Lazaridis School of Business and Economics Building at 64 University Ave W, Waterloo. All the leasehold improvements are complete. Granite counter tops, upscale cabinetry, food preparation room, ceramic flooring, LED Lighting, alarm system, camera monitoring rough in wiring, 2 washrooms with one being handicap high standards. Many commercial uses available, convenient to rapid transit LRT, go bus, plus all other amenities. Current Tenant said there is extra paid parking in a section of the University building across the street. This unit has high 14′ ceilings and a large glass window front. Student / professor walk-in customer traffic.

The current tenant is running a Cakes and Baked Goods Business called Sticks & Scones and is relocating out of the city after her lease ends March 31, 2019. She may be interested in selling some of her equipment. Her present hours of operation are Tuesday and Wednesday 8am – 4pm / Thursday and Friday 8am -6pm / Saturday 10am -3pm and closed Sunday and Monday.

Notes:

      1. Condo Fee is $396.22 per month plus HST which includes the owned parking space #24 at the back of the building and this fee in included in the lease.
      2. Hot water tank, and water softener are owned.
      3. Tenant to pay their own utilities.

  • MLS® #: 30707769 and 30707768 
  • Price: $649,800 or $3,750 / Month 
  • Property Tax: $7,224 for 2018 
  • Age: Built in 2015 
  • Approximate sq ft : 1,287 sq ft 
  • Lot size: Condo  
  • Heating: Forced air gas 
  • Hydro: 200 amp breakres 
  • Main Floor Room 1: Main cafe area is 35' X 20'6 
  • Main Floor Room 2: Food preparation room is 17'6 X 14' 

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